Reliance Industries To Seek Shareholder Nod To Raise Rs. 25,000 Crore

Reliance Industries To Seek Shareholder Nod To Raise Rs. 25,000 Crore

Mumbai: Reliance Industries will seek shareholder approval to raise Rs. 25,000 crore ($3.88 billion) via sale of secured or unsecured redeemable non-convertible debentures in a private placement, it said in a release. The company will conduct its annual general meeting...
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Tejas Networks Makes Tepid Listing On Stock Markets, Jumps 5%

Tejas Networks Makes Tepid Listing On Stock Markets, Jumps 5%

Shares of Tejas Networks Limited which got listed on stock exchanges today made a tepid debut. The shares of the company jumped as much as 5.44 per cent to hit intraday high of Rs. 271 against its issue price of...
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Orient Bell: HDFC Securities’ Top Stock Pick For The Week

Orient Bell: HDFC Securities’ Top Stock Pick For The Week

Orient Bell Limited is HDFC Securities’ top stock pick for the week. HDFC Securities has recommended buying Orient Bell Limited (OBL) for an immediate target price of Rs. 299 and above Rs. 299 it expects the stock to go up...
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Sensex Down Over 100 Points, Nifty Below 9,550; PSU Banks Weigh

Sensex Down Over 100 Points, Nifty Below 9,550; PSU Banks Weigh

The Sensex fell over 100 points and Nifty was trading below its important psychological level of 9,550 as PSU banking shares came under heavy selling pressure after a report suggested that the strong steps taken by Reserve Bank to resolve...
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Nifty Falls For Fifth Day In A Row, Closes At One-Month Low

Nifty Falls For Fifth Day In A Row, Closes At One-Month Low

The NSE Nifty fell for a fifth straight session and the Sensex closed below important psychological level of 31,000 on Tuesday as lenders took a hit following a report that the country’s central bank has demanded higher provisioning for loans...
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Sensex Surges Over 200 Points To Record High, Nifty Near 9,700; Infosys Leads Gains

Sensex Surges Over 200 Points To Record High, Nifty Near 9,700; Infosys Leads Gains

Indian shares extended gains in noon trade with the BSE Sensex rising nearly 240 point to a fresh all-time high of 31,522 and Nifty gaining nearly 60 points to 9,698. Gains in the market were led by banking and financial...
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